ObamaCare, Zombie Banks and JPMorgan - WSJ Opinion

Ended was a distinct Carter-Reagan-Clinton era in which, in select but significant arenas, government actually approached problems rationally. It tackled failing policies from a perspective of replacing bad incentives with good ones, in airline deregulation, in tax reform, in welfare reform. Policy confabs, white papers and wonk books supported an appetite for coherent policy reform, little of which is visible today. We get instead shallowly conceived but expensive programs meant to appeal to the public’s superficial understanding. We get things like massive handouts to people to buy Teslas and pretend we’re doing something about climate change.

In other words, all the serious people in government left. All that remains are the dweebs that will say or do anything just to get people to like them.